Bitcoin Daily Analysis: Bitcoin at $62.5K Tests EMA20 Resistance
Market Overview Bitcoin is trading at approximately $62,548–$62,677 as of July 4, 2026, having staged a meaningful recovery from multi-month lows near $58,000 seen in late June. On the daily timeframe, price remains in a well-defined downtrend, trading well below the EMA50 ($65,892), EMA200 ($75,850), and the descending EMA100, reflecting sustained macro bearish structure. However,…
